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value: 3.00 points Ackerman Co. has 7 percent coupon bonds on the market with fourteen years left to maturity. The bonds make annual payments. If
value: 3.00 points Ackerman Co. has 7 percent coupon bonds on the market with fourteen years left to maturity. The bonds make annual payments. If the bond currently sells for $712.53, what is its YTM? Assume a par value of $1,000. 5.59% O 3.34% 11.15% 5.34% 840% value: 3.00 points Kiss the Sky Enterprises has bonds on the market making annual payments, with 15 years to maturity, and selling for $880. At this price, the bonds yield 7.0 percent. What must the coupon rate be on the bonds? O 11.36% O 578% 06.46% 5.68% 700%
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